Fri.Jul 08, 2022

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Accountants Behaving Badly: Kickback Schemes, Hiding Money From the IRS, Embezzlement Spree

Going Concern

Plus, Pennsylvania accountant loves tax evasion, North Carolina CPA indicted on securities fraud charge, and Kentucky accountant gets jail time for sex trafficking. Accountant sentenced to prison for role in doctor-bribery scheme [ Press-Telegram ]. George Hammer—an accountant who enabled the owner of a hospital in Long Beach, CA, to pay more than $40 million in illegal kickbacks to doctors in exchange for them referring thousands of spinal-surgery patients—was sentenced to 15 months in federal

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Build a Tech Stack For Business In the Digital Age

Intuitive Accountant

Although no two businesses operate in exactly the same way, several applications will benefit most accounting firms - Payroll, Document management, Payments, Billing or invoicing Expense management

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New Hires Are Making Absolutely Wild Demands Like Decent Salaries and Remote Work, Says Guy

Going Concern

Fresh off the ole tweet machine today we have this: New hires in accounting with 0 exp are demanding: – $80k-$100k. – Remote work. – 30 hours a week. – Client contact / advisory roles. This is unsustainable. What does the future of U.S. talent strategy look like? — Brandon Hall (@bhallcpa) July 8, 2022. Discuss. And don’t bully Brandon, he agrees new hires are grossly underpaid, underappreciated, and overworked. “Firms can’t pay new grads $100k unless th

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Reasons Why Contractor Startups Fail And How To Avoid Them

Randal DeHart

Many surveys and reports show that nearly half of all new construction companies close their doors within the first five years of opening them. When we speak with contractors who failed, most say it was due to a lack of cash flow. It was pretty obvious, yet when questioned, all of them said they were "Blind-Sided" and were not aware they were running out of cash until it was too late.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Raises and Inflation: Skagit County Business Owners, Listen Up

SkagitCountyTaxServices

Everywhere I turn there’s a Skagit County business with a “Now Hiring” sign in the window. Are you seeing this too? Staffing is an issue in every industry across the country. Part of that? Making money isn’t the only reason people want a job. 2020 certainly shifted priorities. Even if you could throw more money at a phenomenal potential hire, it’s not a guarantee that would be enough to entice them to take the job.

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What CEOs Can Learn About Culture From the Great Resignation

GrowthForceBlog

7 min read. The “Great Resignation” continues to steal headlines across the U.S. Nearly every workplace has felt the effects of it- and business leaders everywhere are still in the middle of an employee retention crisis.

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[WEBINAR] Alternative Ways To Sell A Business

KROST

Join us for our complimentary webinar on Alternative Ways to Sell a Business. When most business owners consider the sale of their company, they normally think of a 100% sale to a competitor or strategic buyer. Whilst this is an option, it is, by no means the only one. Other options include a majority (but Read the full article. The post [WEBINAR] Alternative Ways To Sell A Business appeared first on KROST.

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How to Deal with Rude Clients in Your Accounting Practice

Patriot Software

We’ve all dealt with upset clients. Some don’t like your advice and others ignore it entirely. Some clients want things done yesterday and others just came to you yesterday and need things done tomorrow. Whatever the case is, rude clients are easy to come by. What can feel hard is conflict resolution with customers. Read […] READ MORE.

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Deal Alert: Menzies Assist on MBO of BTTC Infrastructure LTD

Menzies

Menzies LLP - A leading chartered accountancy firm. Our Corporate Finance Team recently advised the senior management team of BTTC Infrastructure Ltd (“BTTC”) on a management buy out for an undisclosed sum. Founded in 2016, BTTC is a pioneering, high-performance infrastructure project consultancy with over 50 full time consultants working on projects in the UK and Canada.

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IRS offers simpler way for estates to extend time to file for tax exclusion

Accounting Today

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Why People Follow You – Flashback Friday

RitaKeller

“If you help enough people get what they want, you will get what you want.” – Zig Ziglar. This week I am sending you back to 2014 for a blog post that asks the question, “Do people want to follow you?” Well, do they? Is it because of your title? Is it because you are a partner? Is it because you are easy to get along with?

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U.S.-China talks over delisting stocks hinge on redacted audits

Accounting Today

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How Better Workflow Can Be Your Firm's Secret Weapon | Canopy

Canopy Accounting

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Comey and McCabe IRS audits under review by Treasury watchdog

Accounting Today

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Friday Footnotes: PwC Partner$; The Ketamine Accountant; Deloitte Mexico Missed Some Stuff | 7.8.22

Going Concern

Wirecard’s former top accountant admits forging documents for KPMG special audit [ Financial Times ] Wirecard’s ex-head of accounting has admitted to forging documents requested by KPMG during a special audit, ahead of a trial that is set for later this year, according to people familiar with the matter. Stephan von Erffa is one of three defendants in a case brought by Munich prosecutors over the spectacular downfall of one of Germany’s highest-flying technology companies.

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Treasury offers framework for regulating crypto internationally

Accounting Today

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Top pros and cons of being a management accountant

Accounting Today

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Deadline for MP Elite 2022 submissions extended

Accounting Today

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Tech News: PitBull releases V. 7.0

Accounting Today

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On the move: Blackman & Sloop names new partner

Accounting Today

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Democrats plan to extend Medicare solvency in new Biden tax bill

Accounting Today

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